3-Unit Multifamily
917 Bradford Circle, Lynn Haven, FL 32444
For Sale
$545,000
Residential, Lynn Haven, FL
Property Size2,908 SF
Price / SF$187.41
Days on Market93
Property Features for 917 Bradford Circle
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Subdivision
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Building Details
Year built
Listing Agency:
ERA Neubauer Real Estate Inc · ERA Real Estate
(850) 785-1551
Listed By:
Alona A Brown · License #SL3617417
(850) 276-0903
Added: Aug 7
Changed: Oct 24
Last Checked: Nov 7 at 6:06PM
MLS# 793726
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Located at 917 Bradford Circle in Lynn Haven, this 2,908-square-foot triplex contains three residential units with a consistent two-bedroom, two-bathroom layout. The property provides six bedrooms and six bathrooms in total, and all three units are currently occupied. Built in 1981, the building includes a metal roof installed in 2022 and two newer air-conditioning units.
The property is near Lynn Haven schools, shopping, dining, community parks, and boat ramps. Its location in Bay County places residents within convenient reach of everyday services and recreational options while maintaining a clearly defined three-unit configuration.
The property is near Lynn Haven schools, shopping, dining, community parks, and boat ramps. Its location in Bay County places residents within convenient reach of everyday services and recreational options while maintaining a clearly defined three-unit configuration.
Key Highlights
- Three‑unit property with all units currently occupied
- 2,908 square feet with 6 bedrooms and 6 bathrooms
- Each unit includes 2 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,942
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,840
$618.8K
Cap Rate 7%
$442,029
$442.0K
Cap Rate 9%
$343,800
$343.8K
Market Conditions
NOI Build-Up for 2,908 SF
Gross rent
$47.1K $16.20/SF
− Vacancy
−$2.9K −$1.00/SF
EGI
$44.2K $15.20/SF
− OpEx
−$13.3K −$4.56/SF
NOI
$30.9K $10.64/SF
Area
Bay County, FL
Vacancy
6.17%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,840
Cap Rate 7%
$442,029
Cap Rate 9%
$343,800
Alternative Uses
Best Use
Multifamily LT 5
$442.0K
$386.8K – $515.7K
NOI $30,942 @ 7.0% cap · market cap 5.68%
Second Best
Apartment 5plus
$405.1K
$354.4K – $472.6K
NOI $28,354 @ 7.0% cap · market cap 5.20%
Theoretical Best
Office A
$847.3K
$741.4K – $988.5K
NOI $59,310 @ 7.0% cap · market cap 10.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
303
Businesses Nearby
Explore this area
Business Placement
Demographics for 32444, FL
19,913
Population
8,632
Households
2.3
Avg Household Size
41
Median Age
32%
College-Educated
92%
High-School Grad
9.8 sq mi
ZIP Area
2,032
Density / Sq Mi
$89,508
Median Household Income
$42,348
Median Earnings
$1,494
Median Rent
$292,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Occupied triplex with matching two-bedroom, two-bathroom units and recent roof and air-conditioning updates.
Where is this triplex located?
The property is located at 917 Bradford Circle Lynn Haven, FL.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Three‑unit property with all units currently occupied; 2,908 square feet with 6 bedrooms and 6 bathrooms; Each unit includes 2 bedrooms and 2 bathrooms
